Alps Advisors Inc. Reduces Holdings in Archer Daniels Midland Company $ADM

Alps Advisors Inc. lowered its position in shares of Archer Daniels Midland Company (NYSE:ADM) by 11.8% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 398,432 shares of the company’s stock after selling 53,439 shares during the period. Alps Advisors Inc. owned about 0.08% of Archer Daniels Midland worth $23,802,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Trust Co. of Vermont boosted its holdings in shares of Archer Daniels Midland by 367.0% during the third quarter. Trust Co. of Vermont now owns 509 shares of the company’s stock worth $30,000 after purchasing an additional 400 shares during the period. Trust Co. of Toledo NA OH purchased a new stake in Archer Daniels Midland in the 2nd quarter worth approximately $32,000. Elevation Point Wealth Partners LLC bought a new stake in shares of Archer Daniels Midland in the 2nd quarter worth approximately $36,000. Evelyn Partners Investment Management Services Ltd purchased a new position in shares of Archer Daniels Midland during the second quarter valued at approximately $37,000. Finally, Vermillion & White Wealth Management Group LLC raised its holdings in shares of Archer Daniels Midland by 61.2% during the second quarter. Vermillion & White Wealth Management Group LLC now owns 698 shares of the company’s stock valued at $37,000 after acquiring an additional 265 shares in the last quarter. Hedge funds and other institutional investors own 78.28% of the company’s stock.

Analyst Upgrades and Downgrades

ADM has been the topic of several recent analyst reports. Morgan Stanley cut shares of Archer Daniels Midland from an “equal weight” rating to an “underweight” rating and cut their price target for the company from $57.00 to $50.00 in a report on Tuesday, December 16th. JPMorgan Chase & Co. lifted their target price on shares of Archer Daniels Midland from $60.00 to $61.00 and gave the company an “underweight” rating in a research note on Wednesday. UBS Group reissued a “buy” rating on shares of Archer Daniels Midland in a research note on Monday, December 15th. BMO Capital Markets restated a “market perform” rating and issued a $63.00 price objective on shares of Archer Daniels Midland in a report on Wednesday. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Archer Daniels Midland in a report on Wednesday, January 21st. One research analyst has rated the stock with a Buy rating, five have assigned a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, Archer Daniels Midland currently has a consensus rating of “Reduce” and a consensus price target of $57.00.

Archer Daniels Midland Price Performance

Shares of NYSE ADM opened at $66.35 on Friday. The company has a 50 day simple moving average of $61.88 and a two-hundred day simple moving average of $60.68. Archer Daniels Midland Company has a fifty-two week low of $40.98 and a fifty-two week high of $69.75. The company has a market capitalization of $31.89 billion, a price-to-earnings ratio of 29.89, a P/E/G ratio of 0.88 and a beta of 0.71. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.92 and a current ratio of 11.20.

Archer Daniels Midland (NYSE:ADM) last posted its quarterly earnings results on Tuesday, February 3rd. The company reported $0.87 earnings per share for the quarter, topping the consensus estimate of $0.80 by $0.07. Archer Daniels Midland had a return on equity of 7.39% and a net margin of 1.34%.The company had revenue of $18.56 billion for the quarter, compared to the consensus estimate of $21.03 billion. During the same quarter in the prior year, the business posted $1.14 EPS. The firm’s quarterly revenue was down 13.7% compared to the same quarter last year. Archer Daniels Midland has set its FY 2026 guidance at 3.600-4.250 EPS. Analysts expect that Archer Daniels Midland Company will post 4.31 EPS for the current fiscal year.

Archer Daniels Midland Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Stockholders of record on Tuesday, February 17th will be issued a dividend of $0.52 per share. The ex-dividend date is Tuesday, February 17th. This is a boost from Archer Daniels Midland’s previous quarterly dividend of $0.51. This represents a $2.08 annualized dividend and a dividend yield of 3.1%. Archer Daniels Midland’s dividend payout ratio is 91.89%.

Archer Daniels Midland Company Profile

Archer Daniels Midland Company (ADM) is a global agricultural processor and food-ingredient provider that sources, transports and processes oilseeds, corn, wheat and other agricultural commodities. The company operates large-scale crushing, refining and processing facilities that produce vegetable oils, protein meals, corn sweeteners, starches, ethanol, animal feeds and a wide range of food and industrial ingredients. ADM also develops specialty ingredients and solutions for human and animal nutrition, food and beverage formulation, and industrial applications such as bio-based materials and renewable fuels.

ADM’s business combines commodity origination and merchandising with downstream manufacturing and ingredient formulation.